# Chinese trade associations sound crypto investment warning

# Chinese trade associations sound crypto investment warning

“# Chinese trade associations sound crypto investment warning ” The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies. According to a report by Shanghai Securities News on Tuesday, the aforementioned trade association under…

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# Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more

# Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more

“# Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Memecoin culture clash Feed the gorillas token,…

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# SEC enforcement actions cost crypto firms and individuals .7B in penalties

# SEC enforcement actions cost crypto firms and individuals $1.7B in penalties

“# SEC enforcement actions cost crypto firms and individuals $1.7B in penalties ” The United States Securities and Exchange Commission was one of the top regulatory enforcers for cryptocurrency projects in the last seven years, resulting in $1.77 billion in penalties. According to a report released yesterday by Cornerstone Research, the Securities and Exchange Commission,…

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# SEC warns of Bitcoin futures risks in mutual funds

# SEC warns of Bitcoin futures risks in mutual funds

“# SEC warns of Bitcoin futures risks in mutual funds ” The United States Securities and Exchange Commission, or SEC, has issued an investor warning pointing out risks of mutual funds that have exposure to Bitcoin (BTC) futures. In an official statement on Tuesday, the SEC strongly encouraged investors to thoroughly consider risks disclosure of…

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# From cypherpunk to state contracts: the changing face of blockchain

# From cypherpunk to state contracts: the changing face of blockchain

“# From cypherpunk to state contracts: the changing face of blockchain ” Blockchain continues to occupy an unusual space in the contemporary tech sphere, with concepts such as “decentralization,” “transparency” and “immutability” continuing to slide between a purely technical meaning and a more overtly politicized one.  Certain blockchain advocates — at least, those still steeped…

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# Indonesia considers capital gains tax on cryptocurrency trades

# Indonesia considers capital gains tax on cryptocurrency trades

“# Indonesia considers capital gains tax on cryptocurrency trades ” Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reported on Tuesday. “It is important to know that if there is a profit or capital gain generated from…

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